Strong data is 'good news' for markets, but may delay Fed cuts

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Stocks (^GSPC, ^IXIC, ^DJI) are trading higher after consumer sentiment and pending home sales data came in better-than-expected. BlackRock Senior Macro...

BlackRock Senior Macro Investment Strategist for iShares EMEA Laura Cooper joins Yahoo Finance Live to discuss what this means for markets.

They are all expected to post positive 12-month estimates. So I think it's quite still a favorable backdrop for equities really in the absence of a clear catalyst. Potentially tomorrow's inflation print could be kind of a knee jerk reaction if it does surprise strongly to the upside. But I think we would need to see a few of those upside inflation surprises come through for the Fed to materially deviate from its current policy stance.

Scotiabank ranks on The Globe and Mail's annual Women Lead Here benchmark of executive gender diversity for the fourth consecutive year Cumulus Media’s Westwood One Presents Exclusive Live Audio Coverage of the 2024 NCAA® Women’s Basketball Championship

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in COİN

Coin Coin Latest News, Coin Coin Headlines